Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.041%
Price spread now: GMX against SunX−0.148%7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.103%+$10 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.148%, 7d avg −0.097%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.051% cheaper against SunX than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.097%). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SUI-USDT1.02400.0100pay 0.0100% / 8h2h 48m$3K$1.7M30x
ShortGMX SUI/USD [ETH-USDC]1.0225L +0.0599% / S −0.0260%get 0.0033% / 1h48m 58s$934K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$33.63
Price spread: −0.148% → −0.097%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$8.53
Costs to cover
0.200%
Break-even
5.2 days
Slippage unknown: SunX: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago29.80 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3309%1h1.0051−1.846%$41K$123K12xas long as short
Reya SUIRUSDPERP−0.0378%1h1.0226−0.137%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0136%1h1.0220−0.199%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0222−0.174%$128K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0229−0.104%$482K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0226−0.137%$199K$571K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0225−0.144%$115K150xas long as short
Bluefin SUI-PERP+0.0068%1h1.0211−0.283%$586K$408K25xas long as short
01 Exchange SUIUSD+0.0088%1h1.0224−0.156%$9K$3K10xas long as short
Lighter SUI+0.0096%1h1.0222−0.173%$775K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0226−0.134%$303K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0225−0.146%$46K$520K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0225−0.146%$47K$189K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0228−0.114%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0228−0.112%$578K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0226−0.141%$876K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0225−0.146%$221K$254K10xas long as short
Binance SUIUSDT+0.0100%8h1.0225−0.146%$145.8M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0225−0.149%$100.8M$309.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0225−0.146%$40.4M$385.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0230−0.098%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0226−0.137%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0222−0.176%$167.8M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0226−0.137%$151.8M$290.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0223−0.166%$50.2M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0222−0.176%$66.6M$175.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0222−0.176%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0221−0.186%$630K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0233−0.071%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0221−0.185%$164K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0241+0.008%$442K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0230−0.098%$223K$434K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0234−0.059%$137K$733K10xas long as short
SunX SUI-USDTlong+0.0100%8h1.0240long leg$3K$1.7M30x
SoDEX SUI-USD+0.0100%1h1.0223−0.166%$14K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0217−0.225%$595K$19.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0222−0.176%$11.7M$27.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0224−0.159%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0225−0.148%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0172%1h1.0224−0.156%$6.7M$24.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0225−0.146%$7.6M$24.5M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0247+0.068%$974K$15.0M50xas long as short
Hyperliquid SUI+0.0341%1h1.0231−0.088%$73.4M$80.6M10xas long as short
Phoenix SUI+0.0416%1h1.0246+0.062%$203K$422K10xas long as short
GMX SUI/USD [ETH-USDC]shortL +0.0599% / S −0.0260%1h1.0225−0.148%$934K100x
Aftermath Perps SUIUSD+0.1385%1h1.0231−0.092%$82K$408K10xas long as short